A member of Iran-Russia Joint Chamber of Commerce has said that the two countries will begin free trade by early 2024.
Kambiz Mirkarimi said in an interview on Sunday that both tariff and customs problems hindering business exchanges will be solved by the end of the Iranian year to March 2024 through enhancing economic cooperation of Iran and Eurasian countries.
He said that the Islamic Republic of Iran and the Eurasian Economic Union (EAEU) are close to concluding a long-awaited free trade agreement (FTA) which he said could go operational in the near future.
Recently, Russian Deputy Prime Minister Aleksey Overchuk told media that signing the free trade agreement between Iran, Russia, and some other countries, which covers a large area of Eurasia, from Eastern Europe borders to China, will be possible by the end of this year.